G-P quits communication papers

GEORGIA-PACIFIC IS LEAVING THE COMMUNICATION papers business after assessing its long-term competitive position in a declining market. As a result, the company will permanently shut the communication papers machines and converting assets, as well as the woodyard, pulp mill and much of the energy complex at its Port Hudson, LA, facility. About 650 mill jobs and about 40 business and sales jobs will be affected.

However, G-P will continue to operate and invest in the Port Hudson mill to support its growing consumer tissue and towel business. The mill’s premium product tissue and towel machines and associated converting equipment are key to the success of the Consumer Products Group’s retail business. The company will retain about 300 employees to manage those operations.

www.gp.com

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